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On refining the trajectory of Guyana’s local content requirements

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Dr. Terrence Richard Blackman - OilNOW On February 15th - 18th, 2022, an International Energy Conference & Expo: Charting a Sustainable Energy Future was held at Guyana's Marriott Hotel. One highlight of the meeting was the panel discussion on Guyana's...
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ExxonMobil’s local content investment now over US$600M since 2015

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The development of ExxonMobil’s projects and continued exploration success in the Stabroek Block is pushing the steady advancement of local capabilities and enhanced economic growth in Guyana. In a press release on Monday, ExxonMobil revealed that since 2015, it has...
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Energy policy expert Dr. Zainab Usman in Guyana for talks with businessmen, students

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The Centre for Local Business Development (CLBD) announced on Monday that it brought in economic diversification expert, Dr. Zainab Usman, to discuss the importance of economic diversification and her discussion paper Beyond Revenue Management: Principles for an Oil-Led Development Strategy...
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Centre partnering with Lloyd’s Register to deliver training in Guyana

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The Centre for Local Business Development (Centre) started its API Spec Q1 Mentorship Programme as one of the current capacity building programmes offered by the Centre after signing its Memorandum of Understanding with the American Petroleum institute (API) in 2020. In...
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Over 3,500 Guyanese, 800 local businesses supporting O&G operations – Exxon CEO

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As oil and gas operations continue to ramp up in Guyana, the number of Guyanese servicing the sector has been rapidly increasing.  Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods said over 3,500 Guyanese have been...
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Authorities want banks to accept oil contracts as collateral from local companies

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Cognizant of the difficulties some local companies have been facing over the years in accessing finance from commercial banks in Guyana, Vice President, Dr. Bharrat Jagdeo says the government will soon have a meeting with financial institutions on allowing...
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Over 200 percent increase in local businesses accessing capacity building programmes – Dr. Gaskin-Peters

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Since the Centre for Local Business Development opened its doors in 2017 in Guyana to help local businesses build capacity and prepare for opportunities in the oil and gas sector, there has been a more than 200 percent increase...
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Over 90 local suppliers working with Edison Chouest in South America’s new oil and gas hot spot

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Marine transportation service provider Edison Chouest though its local affiliate G-Boats Inc., an ExxonMobil Guyana prime contractor, says it has been expanding its local content efforts to create more jobs and provide training and capacity building opportunities for Guyanese...
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Driller with most rigs offshore Guyana seeking services from local contractors

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Noble Drilling is seeking multiple services in the new oil producing country of Guyana where it is operating four of the six rigs on contract with oil major ExxonMobil. The company has put out Expressions of Interest (EOI) for Ground...
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Guyana Liza Project takes centre stage on day 1 of OTC

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A technical session on Guyana’s Liza project drew a capacity audience on Monday at the Offshore Technology Conference (OTC) being held in Houston, Texas. Presentations were made by several ExxonMobil representatives covering the company’s exploration history in the Guyana basin,...
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GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...

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